Genuit Group (GB:GEN) has released an update.
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Genuit Group, the UK’s leading provider of sustainable building solutions, has reported a year-on-year revenue drop of 8.6% for the first four months of 2024, yet maintains steady progress towards its full year earnings expectations. Despite market softness, the company has seen an improvement in its underlying operating margin, attributed to business simplification and efficiency gains from its Genuit Business System. The Group also completed its business simplification program, which is expected to deliver significant annual savings and productivity improvements.
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